Harvest Equal Weight Global Utilities Income ETF
Income And Stability Built On Constant Demand
The utilities sector is extremely attractive for defensive and income-oriented investors. Electric utilities providers, telecom companies, and oil & gas pipeline operators all have huge scale, significant barriers to entry, and near-monopolies in their markets. By holding a portfolio diversified by sector and geography and applying a covered call strategy this ETF maximizes the defensiveness and income potential of utilities.
Key Facts
As at 2023/03/21
TICKER
HUTL
TSX
CURRENCY
CAD
Hedged
NAV
$17.40
Updated Daily
MKT PRICE CLOSE
$17.45
Updated Daily
NET AUM*
$160.96M
Updated Daily
MGMT STYLE
Rules-Based
With Covered Calls
CASH DISTRIBUTION
Monthly
Frequency
LAST DISTRIBUTION
$0.1166
Cash, Per unit
CURRENT YIELD
8.02%
Updated Daily
DISTRIBUTION
$5.5968
Total, Since Inception**
Distributions
|
Last Ex-dividend Date: 2023-02-27 |
|
Last Record Date: 2023-02-28 |
|
Last Payment Date: 2023-03-09 |
|
Last Cash Distribution Per Unit: $0.1166 |
|
Cash Distribution Frequency: Monthly |
|
Cash Distributions Since Inception**: $5.5968 |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2023-02-27 | 2023-02-28 | 2023-03-09 | $0.1166 | Monthly |
| 2023-01-30 | 2023-01-31 | 2023-02-09 | $0.1166 | Monthly |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2022-12-29 | 2022-12-30 | 2023-01-09 | $0.1166 | Monthly |
| 2022-11-29 | 2022-11-30 | 2022-12-09 | $0.1166 | Monthly |
| 2022-10-28 | 2022-10-31 | 2022-11-09 | $0.1166 | Monthly |
| 2022-09-28 | 2022-09-29 | 2022-10-07 | $0.1166 | Monthly |
| 2022-08-30 | 2022-08-31 | 2022-09-09 | $0.1166 | Monthly |
| 2022-07-28 | 2022-07-29 | 2022-08-09 | $0.1166 | Monthly |
| 2022-06-29 | 2022-06-30 | 2022-07-08 | $0.1166 | Monthly |
| 2022-05-30 | 2022-05-31 | 2022-06-09 | $0.1166 | Monthly |
| 2022-04-28 | 2022-04-29 | 2022-05-09 | $0.1166 | Monthly |
| 2022-03-30 | 2022-03-31 | 2022-04-08 | $0.1166 | Monthly |
| 2022-02-25 | 2022-02-28 | 2022-03-09 | $0.1166 | Monthly |
| 2022-01-28 | 2022-01-31 | 2022-02-09 | $0.1166 | Monthly |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2021-12-30 | 2021-12-31 | 2022-01-07 | $0.1166 | Monthly |
| 2021-11-29 | 2021-11-30 | 2021-12-09 | $0.1166 | Monthly |
| 2021-10-28 | 2021-10-29 | 2021-11-09 | $0.1166 | Monthly |
| 2021-09-28 | 2021-09-30 | 2021-10-08 | $0.1166 | Monthly |
| 2021-08-30 | 2021-08-31 | 2021-09-09 | $0.1166 | Monthly |
| 2021-07-29 | 2021-07-30 | 2021-08-09 | $0.1166 | Monthly |
| 2021-06-29 | 2021-06-30 | 2021-07-09 | $0.1166 | Monthly |
| 2021-05-28 | 2021-05-31 | 2021-06-09 | $0.1166 | Monthly |
| 2021-04-29 | 2021-04-30 | 2021-05-07 | $0.1166 | Monthly |
| 2021-03-30 | 2021-03-31 | 2021-04-09 | $0.1166 | Monthly |
| 2021-02-25 | 2021-02-26 | 2021-03-09 | $0.1166 | Monthly |
| 2021-01-28 | 2021-01-29 | 2021-02-09 | $0.1166 | Monthly |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2020-12-30 | 2020-12-31 | 2021-01-08 | $0.1166 | Monthly |
| 2020-11-27 | 2020-11-30 | 2020-12-09 | $0.1166 | Monthly |
| 2020-10-29 | 2020-10-30 | 2020-11-09 | $0.1166 | Monthly |
| 2020-09-29 | 2020-09-30 | 2020-10-09 | $0.1166 | Monthly |
| 2020-08-28 | 2020-08-31 | 2020-09-09 | $0.1166 | Monthly |
| 2020-07-30 | 2020-07-31 | 2020-08-07 | $0.1166 | Monthly |
| 2020-06-29 | 2020-06-30 | 2020-07-09 | $0.1166 | Monthly |
| 2020-05-28 | 2020-05-29 | 2020-06-09 | $0.1166 | Monthly |
| 2020-04-29 | 2020-04-30 | 2020-05-08 | $0.1166 | Monthly |
| 2020-03-30 | 2020-03-31 | 2020-04-09 | $0.1166 | Monthly |
| 2020-02-27 | 2020-02-28 | 2020-03-09 | $0.1166 | Monthly |
| 2020-01-30 | 2020-01-31 | 2020-02-07 | $0.1166 | Monthly |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2019-12-30 | 2019-12-31 | $0.1166 | Monthly | |
| 2019-11-28 | 2019-11-29 | $0.1166 | Monthly | |
| 2019-10-30 | 2019-10-31 | $0.1166 | Monthly | |
| 2019-09-27 | 2019-09-30 | $0.1166 | Monthly | |
| 2019-08-29 | 2019-08-30 | $0.1166 | Monthly | |
| 2019-07-30 | 2019-07-31 | $0.1166 | Monthly | |
| 2019-06-27 | 2019-06-28 | $0.1166 | Monthly | |
| 2019-05-30 | 2019-05-31 | $0.1166 | Monthly | |
| 2019-04-29 | 2019-04-30 | $0.1166 | Monthly | |
| 2019-03-28 | 2019-03-29 | $0.1166 | Monthly |
Portfolio Analysis‡
As at February 28, 2023
|
Number of Equity Securities: 30 |
|
Average Market Capitalization (CAD): $55B |
|
Average Dividend Yield: 5.33% |
|
Average P/E: 15.5x |
|
Average 5 Year Return on Equity: 13.01% |
|
_ |
|
As at February 28, 2023 |
|
As at February 28, 2023 |
Holdings
As at February 28, 2023
| Name | Ticker | Weight | Sector | Country |
|---|---|---|---|---|
| AT&T Inc. | T US | 3.4% | Diversified Telecommunication Services | United States |
| E.ON SE | EOAN GR | 3.4% | Multi-Utilities | Germany |
| FirstEnergy Corp. | FE US | 3.4% | Electric Utilities | United States |
| ONEOK, Inc. | OKE US | 3.4% | Oil, Gas & Consumable Fuels | United States |
| Avangrid, Inc. | AGR US | 3.3% | Electric Utilities | United States |
| BCE Inc. | BCE CN | 3.3% | Diversified Telecommunication Services | Canada |
| BT Group PLC | BT/A LN | 3.3% | Diversified Telecommunication Services | United Kingdom |
| Edison International | EIX US | 3.3% | Electric Utilities | United States |
| Emera Incorporated | EMA CN | 3.3% | Electric Utilities | Canada |
| Enbridge Inc. | ENB CN | 3.3% | Oil, Gas & Consumable Fuels | Canada |
| Endesa S.A. | ELE SM | 3.3% | Electric Utilities | Spain |
| Fortis Inc. | FTS CN | 3.3% | Electric Utilities | Canada |
| Koninklijke KPN NV | KPN NA | 3.3% | Diversified Telecommunication Services | Netherlands |
| Naturgy Energy Group, S.A. | NTGY SM | 3.3% | Gas Utilities | Spain |
| Orange S.A. | ORA FP | 3.3% | Diversified Telecommunication Services | France |
| Pembina Pipeline Corporation | PPL CN | 3.3% | Oil, Gas & Consumable Fuels | Canada |
| SSE PLC | SSE LN | 3.3% | Electric Utilities | United Kingdom |
| Swisscom AG | SCMN SW | 3.3% | Diversified Telecommunication Services | Switzerland |
| TC Energy Corporation | TRP CN | 3.3% | Oil, Gas & Consumable Fuels | Canada |
| Telefonica, S.A. | TEF SM | 3.3% | Diversified Telecommunication Services | Spain |
| TELUS Corporation | T CN | 3.3% | Diversified Telecommunication Services | Canada |
| Verizon Communications Inc. | VZ US | 3.3% | Diversified Telecommunication Services | United States |
| The Williams Companies, Inc. | WMB US | 3.3% | Oil, Gas & Consumable Fuels | United States |
| Dominion Energy, Inc. | D US | 3.2% | Multi-Utilities | United States |
| Duke Energy Corporation | DUK US | 3.2% | Electric Utilities | United States |
| ENGIE S.A. | ENGI FP | 3.2% | Multi-Utilities | France |
| Entergy Corporation | ETR US | 3.2% | Electric Utilities | United States |
| Kinder Morgan, Inc. | KMI US | 3.2% | Oil, Gas & Consumable Fuels | United States |
| The Southern Company | SO US | 3.2% | Electric Utilities | United States |
| National Grid PLC | NG/ LN | 3.1% | Multi-Utilities | United Kingdom |
| Cash and other assets and liabilities | 2.4% | |||
| Market value of options | (0.2)% | |||
| Foreign currency forwards | (1.0)% |
Annualized Performance
As at February 28, 2023
| Ticker | 1M | 3M | 6M | YTD | 1Y | 2Y | 3Y | 4Y | SI |
|---|---|---|---|---|---|---|---|---|---|
| HUTL | (1.40) | (0.83) | (2.30) | 1.50 | (2.50) | 7.13 | 1.57 | 2.98 | 3.69 |
Calendar Year Performance †
As at February 28, 2023
| Ticker | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|
| HUTL | (4.44) | 16.37 | (10.92) | 15.57 |
Cumulative Market Price#
(Monthly Distribution: $0.1166)
Cumulative Growth $10,000 Invested
(NAV pricing)
HUTL Historical Daily Prices (CLICK HERE)
Documents
 |
| ETF Facts |
 |
| Investor Brochure |
 |
| Regulatory ETF Facts |
.
| Document | Language | Type | |
|---|---|---|---|
| ETF Facts | English | French | Information Materials |
| Investor Booklet | English | - | Information Materials |
| ETF Products Booklet | English | French | Information Materials |
| Covered Call Writing | English | French | Information Materials |
| Regulatory ETF Facts | English | French | Regulatory ETF Facts |
| Prospectus | English | French | Prospectus |
| MER Summary | English | - | MER Summary |
| 2022 Interim Financial Statements | English | French | Statements/MRFPs |
| 2022 Interim Management Report of Fund Performance | English | French | Statements/MRFPs |
| 2022 Annual Distributions Summary | English | - | Annual Distributions Summary |
| 2021 Annual Distributions Summary | English | - | Annual Distributions Summary |
| 2022 Quarterly Summary - Q3 | English | - | Portfolio Disclosure |
| 2022 Quarterly Summary - Q1 | English | - | Portfolio Disclosure |
| PFIC Annual Information Statement | English | - | Information Statement |
| Proxy Voting Policy | English | - | Proxy Voting |
| July 1, 2021 to September 15, 2021 Proxy Summary | English | - | Proxy Voting |
| September 16, 2021 to June 30, 2022 Proxy Summary | English | - | Proxy Voting |
HUTL Historical Documents (CLICK HERE)
Investment Objective
Harvest Equal Weight Global Utilities Income ETF invests in an equally weighted portfolio of 30 global utilities companies, covering utilities, telecommunications, oil & gas storage, and transportation. The ETF is designed to provide a consistent and competitive monthly income with an opportunity for growth. In order to generate an enhanced monthly distribution yield, an active covered call strategy is engaged.
Benefits of investing in HUTL
|
|
ETF Facts
As at February 28, 2023
| Quick ETF Facts | Unit |
|---|---|
| TSX Code | HUTL |
| CUSIP | 41754C105 |
| Currency | CAD-Hedged |
| Inception Date | 2019/01/07 |
| Management Style | Rules-Based with Covered Calls |
| Eligible | RRSP | RRIF | RESP | TFSA |
| Management Fee | 0.50% |
| Risk Rating |  |
| Distribution Facts | Unit |
| Last Cash Distribution Per Unit | CA$0.1166 |
| Last Record Date | 2023-02-28 |
| Cash Distributions Since Inception** | CA$5.5968 |
| Cash Distribution Frequency | Monthly |
| Distribution Method | Cash or DRIP |
| Annual Distributions Summary | PDF View |
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Disclaimer
Harvest Equal Weight Global Utilities Income ETF
Commissions, management fees and expenses all may be associated with investing in Harvest Exchange Traded Funds (managed by Harvest Portfolios Group Inc.). Please read the relevant prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account income taxes payable by any securityholder that would have reduced returns. The Fund is not guaranteed, its values changes frequently and past performance may not be repeated. Tax investment and all other decisions should be made with guidance from a qualified professional.
* Represents aggregate AUM of all classes denominated in Canadian dollars.
** Inception Date: 2019/01/15
† The first year of Calendar Year Performance presents the rate of return from commencement of operations to December 31 of that year.
‡ Source: Bloomberg. Average statistics calculated based on portfolio weighted average. Dividend yield (gross) based on Bloomberg indicated 12 month yield of portfolios positions and does not represent the distribution yield paid to investors. The above information is for illustrative purposes only, is estimated and unaudited.
# For illustrative purposes only. The chart above only shows the market value per unit of Harvest Equal Weight Global Utilities Income ETF ("HUTL") using the daily market close on the TSX and identifies the monthly cash distributions paid by HUTL on a cumulative basis. The cash distributions are not compounded or treated as reinvested, and the chart does not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder. The chart is not a performance chart and is not indicative of future market values of HUTL or returns on investment in HUTL, which will vary.
